Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

For my clients, they're looking to charge a premium rate, so I use this formula to ensure the value justifies that higher rate (better bookings vs. more bookings).

Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

@ Rich NgHave you had much trouble with section 8 over the years vs. your market rate tenants ?

However, the rental value this area is very low compared to the Home values and mortgage rate.

Some guys I work with were getting 90% advance rates in Houston, but I think the banks are back to 70-80% now.

Jeremy Hicks at Guild Mortgage in Central Oregon Hi @Christina Tsutsui-Tharp!

Quote from @Nicholas Dillon: I read somewhere that you can request to have your mortgage insurance dropped once your Loan to Value reaches 80%.

The benefit of this is that you are not paying Hard Money rates so in long term there is a lot of savings going this route.

Investing in a mortgage fund should not have tax implications for your Roth IRA since the investment is passive.